Market Chatter: Apollo Considers Energos Infrastructure Sale at Over $3 Billion Valuation

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Apollo Global Management (APO) is exploring either a full or partial sale of Energos Infrastructure that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, Reuters reported Thursday, citing people familiar with the matter.

XRG, the international investment arm of Abu Dhabi National Oil Company, is among the potential bidders and is considering acquiring a stake of up to 50% in Energos, the report said.

Apollo Global Management and XRG did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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